Tue, 21 Jan 2014 17:04:04 GMT
IMF increases world GDP outlook on developed countries
On Tuesday, the IMF announced an increase of its global economic growth forecast for the current year, as the U.K., U.S. and other developed economies rise more than expected before. Therefore, the global growth for 2014 is now projected at 3.7% versus the previous forecast of 3.6%. U.S. economy will expand 2.8% this year, Japanese GDP will add 1.7%, while